If you want to use historical information I would have thought the best way to do this is for comparing progress.
What was the improvement in cash flow from 2016h1 to 2017h1?
It was massive wasn't it Nick?
What do you think the 2018 year is going to look like? The year where one would assume the restructuring and pips have been finalised (almost at least) and had a chance to work.
Remember what I said about the snowball effect?
The $40mil was for head room capital. That does not mean it gets used. It is used as a buffer to smooth over variances of ins and outs of the business. Particularly as we are going through a period of restructuring (we announced that did we not?).
And to say it is a fact we can't pay our debt is an unproven lie. We are still solvent.
And about the positive independent barrister's opinion of ALL CLAMS against Watchstone. You may prefer to rely on Watchstone. I prefer to rely on SGH
SGH Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
